Skip to main content
guest
Join
|
Help
|
Sign In
WrightsLandofEconomics
Home
guest
|
Join
|
Help
|
Sign In
WrightsLandofEconomics
Wiki Home
Recent Changes
Pages and Files
Members
AP Microeconomics
Basic Economic Concepts Unit 1
--What is Economics?
--Micro vs. Macro
--Scarcity and Opportunity Cost
--Marginal Analysis
--Production Possibilities Frontiers
--Economic Systems
Demand/Supply/Equilibrium Unit 2
Costs of Production Unit 3
ECONOMICS College Prep
Basic Economic Concepts CPE CH 1 & 2
Demand and Supply Ch 3
Equilibrium Ch 4
Floors/Ceilings/Elasticity CH 4/7
Price Celings
Edit
0
2
…
0
Tags
No tags
Notify
RSS
Backlinks
Source
Print
Export (PDF)
Definition:
Price Ceilings
are the highest price limit at which products can be sold.
Price Ceilings must be set
below
the equilibrium in order for them to be effective.
Price Ceilings Article
The 1985 Farm Bill set a price ceiling on the exports of American farms, because prices were rising too high and sales were decreasing. Setting the price ceiling boosts export sales because it makes the products more affordable.
Javascript Required
You need to enable Javascript in your browser to edit pages.
help on how to format text
Turn off "Getting Started"
Home
...
Loading...
Price Ceilings must be set below the equilibrium in order for them to be effective.
Price Ceilings Article
The 1985 Farm Bill set a price ceiling on the exports of American farms, because prices were rising too high and sales were decreasing. Setting the price ceiling boosts export sales because it makes the products more affordable.